The Central Bank of Nigeria (CBN) has signalled tougher oversight of lenders following the completion of the N4.65tn banking recapitalisation exercise, aimed at strengthening governance, risk controls, and board accountability.

That was the dilemma facing the Central Bank of Nigeria at the height of the foreign exchange crisis: how to sustain difficult reforms in an environment defined by volatility, speculation, and public anxiety.

Few institutions in Nigeria carry as much influence over daily life as the Central Bank of Nigeria (CBN). Its decisions affect inflation, exchange rates, lending costs, savings, jobs, investment flows, and the broader confidence investors place in the country.

That is why the recent visibility of the Central Bank of Nigeria under Governor Olayemi Cardoso deserves serious attention.

The Central Bank of Nigeria (CBN) says its reforms have cushioned the impact of global economic shocks, preventing Nigerians from experiencing more severe hardship

Unveiling the Real Beneficiaries of CBN’s Recapitalisation Exercise, by Rahma Olamide Oladosu   Widely hailed as a landmark achievement, the banking recapitalisation exercise has captured the attention of policymakers, investors, and financial observers alike. Trillions of naira have been raised, capital thresholds have been successfully met,...